509 77th Street

Description

Rare Upper East Side Opportunity at The Cherokee CoOp – Historic Charm, River Views & Endless Potential!! BRING YOUR CONTRACTOR AND DESIGN TEAM. Available for the first time in decades, this sun-filled one-bedroom residence at the iconic Cherokee Co-Op presents an opportunity to create your dream home in one of the Upper East Side's most celebrated landmark buildings. Held by the same family for decades, the apartment is ready for its next chapter and requires a complete renovation, making it an exceptional opportunity for buyers seeking to customize every detail of their next home. Perched on the sixth floor (walk-up) of this magnificent Beaux-Arts cooperative, the home features soaring ceilings, oversized floor-to-ceiling windows, beautiful southern exposure, and two private balconies with partial East River views. Enjoy morning coffee or unwind in the evening while taking in the breeze and the neighborhood's tranquil tree-lined surroundings. Seasonal East River Views from your balconies. The residence offers a true blank canvas for a full renovation, allowing you to restore its pre-war character while incorporating modern finishes and conveniences. Excellent built-in closets provide abundant storage throughout. The board will allow residents to install in unit Washer Dryer! Designed by renowned architect Henry Atterbury Smith, The Cherokee is one of Manhattan's most architecturally significant pre-war cooperatives, known for its distinctive courtyards, European-inspired design, and timeless elegance. Building amenities include a live-in superintendent, overnight security, bicycle storage, central storage, beautifully landscaped courtyard, and a newly renovated laundry room. Gas, electricity, heat, and hot water are all included in the maintenance. The building welcomes pieds-à-terre, parents purchasing for children, co-purchasers, guarantors, and pets (2 dogs, 2 cats or 1 of each), making it an exceptionally flexible ownership opportunity. Ideally located just moments from John Jay Park, the East River Promenade, and Carl Schurz Park, the home is surrounded by some of the Upper East Side's finest restaurants, cafés, and gourmet markets. Neighborhood favorites include Uva, The Penrose, Mission Ceviche, Quality Eats, and THEP Thai, while Citarella, Agata & Valentina, Whole Foods, Fairway, and the beloved Orwashers Bakery are all nearby. Whether you're searching for a primary residence, pied-à-terre, or a rewarding renovation project in a landmark Upper East Side building, this is a truly uncommon opportunity to transform a long-cherished home into something extraordinary. Monthly maintenance is $1,299 - building requires at least 20% down-payment on mortgages.